Finance & Accounts - Accounting

About the Opportunity
Role:
Accounting & Reconciliation
Level:
Executive / Senior Executive
Reporting to:
Manager - Finance & Accounts
Location:
Gurugram
About the Function:
The Finance function serves as a cornerstone in driving financial strategy, overseeing
revenue accounting, reconciliation, and reporting. It collaborates closely with the business
team and plays a crucial role in syncing revenue numbers, addressing day-to-day operational
challenges, and ensuring the timely handling of monthly/quarterly/annual reporting and
audits.
About the Role:
In this role, you will be responsible for managing the financial transactions related to
accounts payable within the organization. You will respond to both verbal and written
queries from hotel partners.
You will play a pivotal role in handling all payment-related inquiries and associated sub
processes within the organization. MMT provides an array of services such as Pay at Hotel,
Book Now Pay Later and Prepaid to both consumers and hotel partners.
Thus, this will be your task to respond to the hotel partners/internal employee’s financial
queries and to understand financial terminologies. The ideal candidate embodies versatility,
serving as a jack of all trades in payment operations, adept at managing diverse tasks and
collaborating with multiple stakeholders.
What will you be doing:
Payment Processing: Handling payment processing tasks, including but not limited
to invoice verification, payment scheduling, reconciliation, and validation of
financial transactions. Maintain accurate records of payment transactions and
monitor payment deadlines.
Vendor Management: Establish and maintain positive relationships with vendors
and suppliers. Address inquiries or concerns from vendors regarding payment
status or discrepancies. Negotiate payment terms wherever applicable to make
payments streamline.
Reporting: Generate reports on accounts payable activities as required by
management. Provide analysis and insights into payables trends, outstanding
balances, and payment schedules.
Compliance: Adhere to internal accounting policies and procedures. Stay updated
on relevant regulations and compliance requirements in the travel industry. Assist
in audits and compliance reviews as necessary.
Payment Query Resolution: Respond promptly to payment-related queries from
internal stakeholders and vendors, ensuring accurate and satisfactory resolution
while adhering to service level agreements (SLAs).
Investigation and Analysis: Investigate discrepancies, errors, or issues related to
payments, utilizing analytical skills to identify root causes and implement corrective
actions to prevent recurrence.
Customer Service: Provide exceptional customer service by addressing inquiries
courteously, professionally, and efficiently, maintaining a positive rapport with
stakeholders and fostering strong relationships.
Process Improvement: Collaborate with cross-functional teams to identify
opportunities for streamlining payment processes, enhancing efficiency, and
implementing best practices to optimize the payment query resolution workflow.
System Management: Navigate and utilize various payment systems, software
applications, and databases proficiently to access information, update records, and
facilitate query resolution.
Ad Hoc Tasks: Assist in ad hoc projects, assignments, or tasks as assigned by
management, demonstrating flexibility and willingness to contribute to the overall
success of the payments function.
Qualification & Experience:
B.com graduates, with an MBA in finance, who possess 2-5 years of experience in the
field of Finance and Accounts and demonstrate a ready-to-learn attitude.
Key Success Factors for the Role:
A solid understanding of accounting principles and financial reporting standards.
The ability to analyze financial data, interpret trends, and make recommendations based
on analysis.
Strong communication skills, Influencing skills, great interpersonal & stakeholder
management skills.
High on energy, team player coupled with a great attitude